REY 0.00% 3.6¢ rey resources limited

hopefully we'll see new highs, page-27

  1. 11,019 Posts.
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    Fish, the volume in the last few days 1.17m,1.88 and 1.79 are low and I am not concern about that.Currently the candlestick of REY is a candlestick of a hammer with a long kangaroo tail. It means that the bears are not having all their way.At 28c, the buyers are coming in and continue to buy, the last transaction being 32.5.This is a bullish sign and I expect there is a reversal today and the SP is likely to go up from here.As I write more buyers are coming in for REY.

    Cheers,

    Malay
 
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